Select one of the keywords
Nice Girls Don't Get Rich: 75 Avoidable Mistakes Women Make with Money    by Lois P. Frankel Amazon.com order for
Nice Girls Don't Get Rich
by Lois P. Frankel
Order:  USA  Can
Warner, 2005 (2005)
Hardcover, CD

Read an Excerpt

* *   Reviewed by Shannon Bigham

Lois P. Frankel, Ph.D. previously advised women in the work world with her national bestseller, Nice Girls Don't Get the Corner Office. This new release discusses 75 avoidable money mistakes. Frankel advises that some behaviors women learn as girls - such as 'talking about money is crass' and 'men are better at math' - hinder women in handling their money and achieving financial success. Frankel seeks to empower women with coaching tips on how to make more money and put it 'to work'.

The book covers 75 mistakes that women commonly make with money, such as 'paying bills, not managing money', 'distinguishing between wants and needs', and 'trusting the wrong people.' Frankel provides coaching tips and specific directives on how to either avoid the mistake or to undo the financial damage incurred by it. Some coaching tips are common sense - for example regarding 'letting a deadbeat dad shirk his responsibility', Frankel advises women to use 'appropriate enforcement agencies' to get dad to meet his child support obligations. However, Frankel also suggests that women with a 'deadbeat dad' in their life should buy a term life insurance policy and be certain that they are named as the beneficiary. Other snippets of advice include non-monetary suggestions, such as joining a gym or taking a hike, in efforts for women to take care of themselves. Overall, the book has a nice blend of common sense advice as well as interesting pointers that will benefit many readers.

This is a valuable tool for any woman seeking to improve her financial situation, as well as for those who are simply unfamiliar or uncomfortable with the dynamics of personal finance. Frankel does a good job of delving into women's psychology, and how it can adversely affect their financial situation. I like the organization of the book. A detailed table of contents makes it easy for the reader to go directly to mistakes most pertinent to their personal situation, and quickly learn the coaching tips and tools specific to their financial issues. Pick up a copy of Nice Girls Don't Get Rich it is quite likely that every female reader will learn some new-to-them tips to put them on the road to financial success.

Note: Opinions expressed in reviews and articles on this site are those of the author(s) and not necessarily those of BookLoons.

Find more NonFiction books on our Shelves or in our book Reviews